---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-018171"
form_type: "8-K"
ticker: "HBT"
cik: "0000775215"
company_name: "HBT Financial, Inc."
filed_at: "2022-11-23T23:59:59+00:00"
generated_at: "2026-06-21T13:43:12.603019+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# HBT Financial announces leadership transition: Busch to Vice Chairman, Carter and Horvath promoted

## Summary
- Patrick F. Busch steps down as EVP and Chief Lending Officer effective Dec 31, 2022; becomes Vice Chairman of Heartland Bank.
- J. Lance Carter, currently President/COO of the Company, adds President of Heartland Bank effective Jan 1, 2023.
- Lawrence J. Horvath named EVP and Chief Lending Officer of both the Company and Heartland Bank effective Jan 1, 2023.
- Busch remains on the boards of HBT Financial and Heartland Bank; base salary set at $280,000 from Jan 1, 2023.

## SEC filing metadata
- accession: 0001558370-22-018171
- form_type: 8-K
- ticker: HBT
- cik: 0000775215
- company_name: HBT Financial, Inc.
- filed_at: 2022-11-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/775215/000155837022018171/0001558370-22-018171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/775215/000155837022018171/hbt-20221118x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-018171
- JSON: https://secwatch.observer/filing/0001558370-22-018171.json
- Plain text: https://secwatch.observer/filing/0001558370-22-018171.txt

## Key facts
- Executive change
  J. Lance Carter was appointed as President of the Bank at HBT Financial, Inc..
  - Action: appointed
  - Role: President of the Bank
  source text: The Company further announced that J. Lance Carter will be appointed President of the Bank, and Lawrence J. Horvath will be appointed Executive Vice President and Chief Lending Officer of the Company and the Bank, all effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/775215/000155837022018171/0001558370-22-018171-index.htm
- Executive change
  Patrick F. Busch changed role as Vice Chairman at HBT Financial, Inc..
  - Action: transitioned to Vice Chairman
  - Role: Vice Chairman
  source text: On November 23, 2022, HBT Financial, Inc. (the “Company”) announced that Patrick F. Busch, Executive Vice President and Chief Lending Officer, will transition from the positions of Executive Vice President and Chief Lending Officer of the Company and President and Chief Lending Officer of Heartland Bank and Trust Company (the “Bank”), effective December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/775215/000155837022018171/0001558370-22-018171-index.htm
- Executive change
  Lawrence J. Horvath was appointed as Executive Vice President and Chief Lending Officer at HBT Financial, Inc..
  - Action: appointed
  - Role: Executive Vice President and Chief Lending Officer
  source text: Lawrence J. Horvath will be appointed Executive Vice President and Chief Lending Officer of the Company and the Bank, all effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/775215/000155837022018171/0001558370-22-018171-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.